Thursday, June 2nd, 2016 | 2 comments[Excerpt] The cable industry’s internet packages could get some competition from a local firm that says it will offer ultrafast broadband for residences, starting this summer.
Ethoplex, a wireless internet service provider based in Germantown, says it will use new technology to deliver internet speeds of up to 500 megabits per second to individual homes and 1,000 mbps (a gigabit) to multifamily buildings.
The services could be available in select areas of metro Milwaukee as early as next week, according to Ethoplex.
Currently, the company says it provides internet access to more than 500 Wisconsin businesses. The new service is aimed at residences, including multifamily buildings in Milwaukee’s Historic Third Ward.
With a gigabit Internet connection, a high-definition movie can be downloaded in 18 seconds. Videos can be streamed with no worries about buffering, and a physician can view X-rays and medical images from a home computer with no delays.
Ethoplex says it won’t have caps on the amount of data its customers consume each month. The firm says it will charge $90 per month for the 500 mbps service for individual homes and also $90 per month for gigabit service in multifamily buildings.
The ultrafast speeds could be appealing to doctors, architects, engineers and others who have data-intensive needs but don’t necessarily want a bundled package of cable television, internet and phone service.
“I don’t think that people are happy with the duopoly of the phone and cable company, so we want to bring more competition,” said Ethoplex President and CEO Keefe John.
“We don’t offer bundles or promotional pricing. The price you see is the price you will get,” John said.